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First Simple Bank pays 6 percent simple interest on its investment accounts. First Complex Bank pays interest on its accounts compounded annually. Required: What rate should the bank set if it wants to match First Simple Bank over
asked by Alec on February 19, 2014 
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A woman has a total of $9000 to invest. She invests part of the money in an account that pays 7% per year and the rest in an account that pays 8% per year. If the interest earned in the first year is $664, how much did she invest
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you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
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You have $6000 to invest in two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual interest. If after a year you have made $380 in interest, how much money did you invest in each account?
asked by Mbaintu on January 21, 2013 
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...A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 12% per year. If the interest earned in the first year is $730, how much did she
asked by sally on February 5, 2012

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I really need some help with this one. Envision that you have served as business manager of Media World for over 2 years. You have noticed that for the last 12 months the business has regularly had cash assets of $20,000 or more
asked by Stacy on October 23, 2009 
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If Porthos wants $25,000 after 8 years to make a down payment on a home, how much does he need to invest every quarter, into an account that pays 2% compounded quarterly? What is the simplified denominator?
asked by EMERSON on April 6, 2020 
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Last year, Ivan had $20,000 to invest. He invested some of it in an acount that paid 9% simple interest per year, and he invested the rest in an account that paid 7% simple interest per year. After one year, he received a total of
asked by Anonymous on December 10, 2015 
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Suppose you got $5000 from family at your high school graduation. You decide to invest it for 30 years. If you invest it at 8% in a simple interest bond, how much is it worth after 30 years?
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The value of a particular investment follows a pattern of exponential growth. In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential growth model
asked by Brenda on November 24, 2019 
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find the difference between the simple intrest and the compound intreston 5000 for 2 years at 9% per annum.
asked by sasmita on October 21, 2014
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